{"data":{"id":"us-ks/k.s.a.-84-9-622","jurisdiction":"us-ks","citation":"K.S.A. 84-9-622","heading":"Effect of acceptance of collateral.","body":"(a) Effect of acceptance. A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:\n(1) Discharges the obligation to the extent consented to by the debtor;\n(2) transfers to the secured party all of a debtor's rights in the collateral;\n(3) discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and\n(4) terminates any other subordinate interest.\n(b) Discharge of subordinate interest notwithstanding noncompliance. A subordinate interest is discharged or terminated under subsection (a), even if the secured party fails to comply with this article.","path":["Chapter 84.—UNIFORM COMMERCIAL CODE","Article 9.—SECURED TRANSACTIONS"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch84/084_009_0622.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:15:39Z","sha256":"93e319adacfcc5d1466001ebe40f93433b090b1d56192c6de21ed219bbf726e7","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-84-9-621","next":"us-ks/k.s.a.-84-9-623"},"notice":"GroundRules: Original legal text. Not legal advice."}